Largest US-Listed REITs by Total Assets (2026)

Annaly Capital Management reports the most total assets of any REIT listed on a US exchange: $144 billion as of June 30, 2026, according to the financial data it files with the SEC. AGNC Investment and Prologis follow. The 175 listed REITs report $1.97 trillion in assets to the SEC between them, and the largest ten hold 40% of it.

Every figure is the total assets each REIT reported to the SEC at its latest quarter-end.

The 50 largest US-listed REITs

REITs are ranked by total assets on their balance sheets. Assets measure what a REIT holds, at cost less depreciation for property, rather than what the market values it at.

Rank	REIT	Ticker	Total assets	Share of listed REIT assets	As of	Source
1	Annaly Capital Management Inc.	NLY	$144 billion	7.3%	June 30, 2026	SEC
2	AGNC Investment Corp.	AGNC	$122 billion	6.2%	June 30, 2026	SEC
3	Prologis, Inc.	PLD	$98.1 billion	5.0%	March 31, 2026	SEC
4	Realty Income Corporation	O	$76.4 billion	3.9%	June 30, 2026	SEC
5	Welltower Inc.	WELL	$69.9 billion	3.5%	June 30, 2026	SEC
6	American Tower Corporation	AMT	$63.3 billion	3.2%	June 30, 2026	SEC
7	Starwood Property Trust, Inc.	STWD	$61.0 billion	3.1%	June 30, 2026	SEC
8	Rithm Capital Corp.	RITM	$54.1 billion	2.7%	June 30, 2026	SEC
9	Digital Realty Trust, Inc.	DLR	$48.9 billion	2.5%	March 31, 2026	SEC
10	VICI Properties Inc.	VICI	$48.3 billion	2.4%	June 30, 2026	SEC
11	Equinix, Inc.	EQIX	$41.1 billion	2.1%	June 30, 2026	SEC
12	Simon Property Group, Inc.	SPG	$39.7 billion	2.0%	June 30, 2026	SEC
13	Alexandria Real Estate Equities, Inc.	ARE	$34.6 billion	1.8%	June 30, 2026	SEC
14	Extra Space Storage Inc.	EXR	$29.7 billion	1.5%	June 30, 2026	SEC
15	Ventas, Inc.	VTR	$29.7 billion	1.5%	June 30, 2026	SEC
16	Redwood Trust, Inc.	RWT	$28.8 billion	1.5%	June 30, 2026	SEC
17	Dynex Capital, Inc.	DX	$26.4 billion	1.3%	June 30, 2026	SEC
18	BXP, Inc.	BXP	$25.2 billion	1.3%	June 30, 2026	SEC
19	PennyMac Mortgage Investment Trust	PMT	$25.1 billion	1.3%	June 30, 2026	SEC
20	Armour Residential REIT, Inc.	ARR	$22.5 billion	1.1%	September 30, 2026	SEC
21	Iron Mountain Inc.	IRM	$22.0 billion	1.1%	June 30, 2026	SEC
22	Healthpeak Properties, Inc.	DOC	$21.7 billion	1.1%	June 30, 2026	SEC
23	Crown Castle Inc.	CCI	$21.5 billion	1.1%	June 30, 2026	SEC
24	Vivmark Residential	VMRK	$20.3 billion	1.0%	June 30, 2026	SEC
25	Public Storage	PSA	$20.1 billion	1.0%	June 30, 2026	SEC
26	Kimco Realty Corporation	KIM	$20.0 billion	1.0%	June 30, 2026	SEC
27	Blackstone Mortgage Trust, Inc.	BXMT	$19.4 billion	1.0%	June 30, 2026	SEC
28	Lineage, Inc.	LINE	$18.9 billion	1.0%	June 30, 2026	SEC
29	W. P. Carey Inc.	WPC	$18.6 billion	0.9%	June 30, 2026	SEC
30	Weyerhaeuser Company	WY	$16.5 billion	0.8%	June 30, 2026	SEC
31	Chimera Investment Corporation	CIM	$16.0 billion	0.8%	June 30, 2026	SEC
32	Vornado Realty Trust	VNO	$15.6 billion	0.8%	June 30, 2026	SEC
33	Medical Properties Trust, Inc.	MPT	$14.8 billion	0.7%	March 31, 2026	SEC
34	Arbor Realty Trust, Inc.	ABR	$14.4 billion	0.7%	June 30, 2026	SEC
35	Gaming and Leisure Properties, Inc.	GLPI	$14.2 billion	0.7%	June 30, 2026	SEC
36	MFA Financial, Inc.	MFA	$13.7 billion	0.7%	June 30, 2026	SEC
37	Host Hotels & Resorts, Inc.	HST	$13.3 billion	0.7%	June 30, 2026	SEC
38	American Homes 4 Rent	AMH	$13.1 billion	0.7%	June 30, 2026	SEC
39	Regency Centers Corporation	REG	$13.0 billion	0.7%	March 31, 2026	SEC
40	Adamas Trust, Inc.	ADAM	$13.0 billion	0.7%	June 30, 2026	SEC
41	Essex Property Trust, Inc.	ESS	$12.9 billion	0.7%	June 30, 2026	SEC
42	Orchid Island Capital, Inc.	ORC	$12.0 billion	0.6%	September 30, 2026	SEC
43	Mid-America Apartment Communities, Inc.	MAA	$12.0 billion	0.6%	March 31, 2026	SEC
44	SL Green Realty Corp.	SLG	$11.8 billion	0.6%	March 31, 2026	SEC
45	SBA Communications Corporation	SBAC	$11.7 billion	0.6%	June 30, 2026	SEC
46	Rexford Industrial Realty, Inc.	REXR	$11.6 billion	0.6%	June 30, 2026	SEC
47	Agree Realty Corporation	ADC	$11.0 billion	0.6%	September 30, 2026	SEC
48	Sun Communities, Inc.	SUI	$10.9 billion	0.6%	June 30, 2026	SEC
49	Kilroy Realty Corporation	KRC	$10.8 billion	0.5%	March 31, 2026	SEC
50	UDR, Inc.	UDR	$10.3 billion	0.5%	June 30, 2026	SEC

Download this table (CSV), free. The full dataset, every listed REIT in the SEC's data with its assets and filing, is one email away.

How the listed REIT market divides

• The largest ten listed REITs hold 40% of listed REIT assets, and the 50 in the table 78%, according to SEC data. The smallest of them reports $10.3 billion.
• Mortgage REITs, which lend or buy mortgage securities rather than own buildings, carry large balance sheets on borrowed money and rank high on this measure.
• 10 of the REITs in the table had not filed the latest quarter in the SEC's data, so their figures are from an earlier quarter, as the date column shows.

What this means for technology buyers

A REIT at this scale runs investment, property and lease systems across thousands of assets. These guides compare the options:

• Property management software: leases, tenants and operations for multifamily and commercial property.
• General ledger systems for financial services: consolidating hundreds of property-level entities.

Mapping the business? The Real Estate Business Architecture Toolkit sets out what a real estate investor does, and the Real Estate Value Streams show how that work runs end to end.

More from Finantrix Atlas

• Largest US mortgage lenders
• Largest private fund managers
• Largest banks in the US

How this list was built

The universe is every company EDGAR files under the real estate investment trust industry code whose shares trade on a US exchange. Total assets are the figure each reported in the SEC's XBRL financial data at its latest quarter-end. Where a REIT's newest quarter is not yet in the SEC's frame, which happens to some that file jointly with their operating partnerships, the quarter before it is used and the table says so.

Limits

• Listed REITs only. Non-traded REITs, which register with the SEC and sell shares directly to investors, are left out even when they are larger than most listed REITs.
• Book value, not market value. Property is carried at cost less depreciation, so older portfolios look smaller than they would at market prices.
• Equity and mortgage REITs together. The ranking does not separate REITs that own property from those that hold loans and securities.
• Dates can differ. Each row shows the quarter-end its figure comes from.
• Not every company in the REIT code is a REIT. A real estate developer that EDGAR files with REITs but that is taxed as a corporation is left out.

Cite this

Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.

Annaly Capital Management reports $144 billion in total assets, the most of any US-listed REIT, according to a Finantrix Atlas analysis of SEC filings as of June 30, 2026.

Suggested citation: Finantrix Atlas, "Largest US-Listed REITs by Total Assets," as of June 30, 2026, from SEC XBRL financial data. https://www.finantrix.com/articles/largest-reits-public

Embed the chart:

<a href="https://www.finantrix.com/articles/largest-reits-public"><img src="https://www.finantrix.com/atlas/largest-reits-public.png" alt="The largest US-listed REITs by total assets, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/largest-reits-public">Finantrix Atlas</a>, from SEC filings.</p>

Frequently asked questions

Q: What is the largest REIT by assets? A: Among REITs listed on US exchanges, Annaly Capital Management, with $144 billion in total assets as of June 30, 2026, according to its SEC filings.

Q: How many REITs are listed in the US? A: According to SEC data, 175 companies filed as real estate investment trusts and listed on a US exchange report total assets.